General Updates

Larsen & Toubro (L&T) has announced the incorporation of LTN Compute Private Limited (LTNCPL) as a new wholly-owned step-down subsidiary. Formed by L&T's existing subsidiary, Vyoma.AI Limited, LTNCPL has an initial subscribed capital of Rs. 1,00,000. The new entity is established to build AI compute infrastructure and deliver technology-enabled services. This strategic move indicates L&T's expansion into the artificial intelligence sector, potentially enhancing its technological capabilities and future growth prospects for investors.